Applications Transformation for the Digital Age

N/A | May 8, 2019 | 65 views

In the digital age, application services organizations are under immense pressure to respond rapidly to market changes to help transform business models and deliver business value, while remaining cost competitive. The need to address market pressures has made application services central to any forward-looking enterprise’s strategy.

Spotlight

Sama

Sama provides high-quality training data that powers AI technology. The company’s platform is trusted by leading companies such as Google, NVIDIA, GM, and Walmart, to develop accurate machine learning models. Sama specializes in image, video, language, and sensor data annotation and validation for machine learning algorithms and has experience in a variety of industries including autonomous transportation, medtech, agriculture, and retail. Driven by a mission to expand opportunities for underserved individuals through the digital economy, Sama is a certified B-Corp and has helped over 56,000 people lift themselves out of poverty. Its training and employment program were recently validated by an MIT-led Randomized Controlled Trial.

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8 Epic App Innovations that Help Your Business Stand Out

Article | July 14, 2022

Contents 1. The Market for Mobile Application Development 2. Innovations in Mobile Application Development 2.1 In-App Paid Features: Android and iOS Development 2.2 Augmented and Virtual Reality 2.3 Beacon Technology 2.4 Al and Ml 2.5 Wearables 2.6 Predictive Analytics 2.7 Blockchain Technology 2.8 On-Demand Applications 3. Long-Term Benefits of Mobile App Development Innovations for Your Small Business: 4. Tying Everything Together Increased use of the internet and smartphones demands better mobile applications be developed. Innovation is the key driving force that can make or break the market regarding mobile app development. A fantastic team of mobile app developers and smart innovation employing the latest technology produce a huge hit app. Let us learn more about how the mobile app development market grows. 1. The Market for Mobile Application Development The mobile application development market is projected to grow at a 13.4% CAGR from 2023 to 2030, with a value of $187.58 billion recorded in 2021. This is due to the increased use of the internet and smartphone platforms, as well as artificial intelligence and machine learning. The app's algorithms learn and understand user interests to deliver refined results that generate better user engagement. As Ericsson and the Radicati Group forecasted, 6.64 billion people own a smartphone today, which is around 83.32% of the world population, and by 2025, 7.33 billion people will own a smartphone. As a result, there is a substantial rise in demand for better smartphone apps, for which creative and innovative mobile application development is the need of the hour. Innovation will give your business a competitive edge it's never had before. It will also open up new ways to grow your business. Discover the top innovations in mobile app development. 2. Innovations in Mobile Application Development Some of the technological breakthroughs in mobile app development will greatly improve the user experience in the future. These focus mainly on the implementation of the latest technological innovations to realize functionality that has never been seen or done before. Let us now delve into their specifics. 2.1 In-App Paid Features: Android and iOS Development While Android has a market share of 70%, iOS has grabbed a market share of around 28% in the mobile operating systems market as of 2022. In-app advertising and in-app purchases generate the major ROI from mobile applications on both mobile operating platforms. A great UI and UX go a long way toward boosting your app and business, and they also help you rank highly in the respective app markets, i.e., the Google Play Store and the App Store. Rolling out constant updates and adhering to the security standards of the marketplace keeps your business app ranking at the top. 2.2 Augmented and Virtual Reality With the AR kit, you can design and make 3D mobile apps for your customers that use virtual reality. AR and VR are constantly changing the business of making mobile apps. You can use these trends to give mobile users really great experiences. A few of the sectors making successful use of these technologies include gaming, e-commerce, retail, interior design, real estate, tourism and travel, education, training, healthcare, manufacturing and construction, advertising and marketing, and entertainment. Your AR and VR mobile apps are more valuable if you can meet your expectations for maximum ROI with a minimum budget. You can do this by making constant improvements to your minimum viable product. 2.3 Beacon Technology The beacon technology uses a smartphone's Bluetooth to identify any store, museum, or other business in the vicinity. As mobile devices get more powerful, IoT and edge sensors will be used more and more. Because of that, beacon technology will change the way we interact with the world. This technology sends notifications to your customer’s phone about your product when the customer passes by, sends content and descriptions about an ongoing event at your location to your customers, and more. Proximity marketing and indoor navigation notifications are the few ways retail is using this technology. With the help of beacon technology, your business can track assets, keep track of contacts, offer access to loyalty programs, gather advanced data, and send mobile tickets. 2.4 Al and ML The versatility and power of innovations in Al and ML keep them relevant. For example, they let you turn pictures into animations that look real. These animations provide real-time analytics and other valuable insights. As an AI learns from its own experience, providing a better customer experience based on the data you feed it helps create intelligent chatbots. Personalized shopping assistance, fraud prevention, task automation, smart content, voice assistants, and autonomous vehicles are a few of the examples where you will see AI implemented. An AI trains itself through machine learning, or ML. ML forecasts future data trends using available historical data. This invaluable addition to your existing apps transforms the way they interact with customers. We are one step closer to a super-personalized experience. 2.5 Wearables Wearables let you make calls, find your way to your destination, measure and analyze your vital signs in real time, and look at your own personal insights. So, app developers and businesspeople should focus on making apps that give people who use wearables a great digital experience. Getting better apps for wearable devices can greatly enhance their functionality and the user experience. From listening to your favorite music to tracking your fitness goals, taking notes, finding a parking spot, and adhering to your health and fitness regimen, a wearable device does it all. If developing your company’s wearable app delivers more value, this technology is not just a game changer but a lifesaver for many. 2.6 Predictive Analytics Predictive analytics is essential to e-commerce. When it comes to making mobile apps, predictive analysis can help improve both the process and the user experience. By putting together information from many developers, it can help predict problems and suggest solutions. Your predictive analytics will be better if you use artificial intelligence (AI), data mining, machine learning, modeling, and statistics. The data that your small and medium-scale businesses have gathered over a period of time becomes one of the most valuable sources of information that helps predict and forecast future market trends. Unexplained market rises and falls will now have an explanation, as will mobile apps that can precisely tell what, when, and where needs to be changed, replaced, or repaired. Using constants and variables that are already known, predictive analytics and data modeling can help make accurate predictions about the future. 2.7 Blockchain Technology The world of blockchain has innumerable possibilities. Applications backed by blockchain technology benefit from end-to-end encryption. This means no one but you can retain data ownership rights. Blockchain technology is used for a lot of important communication and financial transactions because it is safe and private. Blockchain holds promise for better efficiency, productivity, and performance, as well as for elevating the user experience. Blockchain is more secure and reliable, offers better transparency in financial transactions, makes you go password-free using an SSL certificate (Secure Sockets Layer), promotes simplicity, protects your identity, safeguards access to your digital data and information, and helps transmit and receive accurate data with the help of balanced data transfer using several nodes at once. 2.8 On-Demand Applications As lockdowns and quarantines went on for a long time, many delivery apps started to appear. There were apps for taxis, grocery stores, and even medicine delivery. The on-demand model is likely to grow as more service-based companies shift their focus towards on-demand apps. Technology is always changing, and every year, new versions of technology hit the market. That's why we need to keep up with the latest updates and use them to make applications that are both new and full of features. That's a must for a successful launch of a mobile app. Making the software development process easy for the developers reduces the time it takes to develop applications using the software. There are options like rapid application development software, no code, and low-code application development software. These can include mobile app development, SaaS (software as a service), cloud apps, on-premise standalone apps, desktop apps, and web-based apps for many devices, including IoT devices. Using AI to power the application development process speeds up development, testing, and deployment, which helps a lot with scaling from small to medium to large and beyond. 3. Long-Term Benefits of Mobile App Innovations for Your Small Business: Creating a winning product doesn’t have to be a long process. Improvements on the product offered by competitors and finding competitor product shortcomings, along with using innovative technologies, help add value to your mobile app as a product. Mobile app development innovations help in many ways, such as: Improve your brand's relationship with your customers Offer 24/7 access to your business Get excellent customer insights Efficiently market your product online Save on additional marketing costs Boost employee efficiency by increasing engagement Improve communication shreds down the busy work and Streamline the data Generate a new revenue stream from ads targeted at in-app purchases. As a result, you meet customer expectations efficiently, allowing you to expand your business and attract potential customers. Your customers and potential customers are always looking for something new and exciting to experience and adopt. Sooner or later, they make habits of seeing something, and then they start thinking of that mobile app as a standard benchmark to look up to. Talking about the scalability of a mobile application, there is a lot of scope to improve using innovative technologies, and all minor to major updates take you from where you are to where you want to be. Finding the right mix of technologies will help your business grow and expand. 4. Tying Everything Together Business growth for small-scale businesses starts with new inputs and strategic technological investments in mobile app development. Although they sound promising, striking the right balance to implement innovative technologies relies heavily on rigorous predictive analysis. Tools and technologies help meet customer expectations at scale and grow the business beyond imagination with the power of innovation.

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AI TECH

Empowering Industry 4.0 with Artificial Intelligence

Article | July 11, 2022

The next step in industrial technology is about robotics, computers and equipment becoming connected to the Internet of Things (IoT) and enhanced by machine learning algorithms. Industry 4.0 has the potential to be a powerful driver of economic growth, predicted to add between $500 billion- $1.5 trillion in value to the global economy between 2018 and 2022, according to a report by Capgemini.

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AI TECH

How Artificial Intelligence Is Transforming Businesses

Article | July 20, 2022

Whilst there are many people that associate AI with sci-fi novels and films, its reputation as an antagonist to fictional dystopic worlds is now becoming a thing of the past, as the technology becomes more and more integrated into our everyday lives. AI technologies have become increasingly more present in our daily lives, not just with Alexa’s in the home, but also throughout businesses everywhere, disrupting a variety of different industries with often tremendous results. The technology has helped to streamline even the most mundane of tasks whilst having a breath-taking impact on a company’s efficiency and productivity

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The advances of AI in healthcare

Article | February 11, 2020

With the Government investing £250 million into the project, the Lab will consider how to use AI for the benefit of patients – whether this be the deployment of existing AI methods, the development of new technologies or the testing of their safety. Amongst other things, the initiative will aim to deliver earlier diagnoses of cancer. It is estimated that in excess of 50,000 extra patients could see their cancer being detected at an early stage, thus boosting survival rates. More specifically, a study has shown that AI is quicker in identifying brain tumour tissue than a pathologist.This would have a positive knock-on effect in other areas, such as enabling money to be saved (that otherwise would have been spent on further treatment) and reducing the workload of staff (at a time when there is a crisis in NHS workforce numbers).

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Spotlight

Sama

Sama provides high-quality training data that powers AI technology. The company’s platform is trusted by leading companies such as Google, NVIDIA, GM, and Walmart, to develop accurate machine learning models. Sama specializes in image, video, language, and sensor data annotation and validation for machine learning algorithms and has experience in a variety of industries including autonomous transportation, medtech, agriculture, and retail. Driven by a mission to expand opportunities for underserved individuals through the digital economy, Sama is a certified B-Corp and has helped over 56,000 people lift themselves out of poverty. Its training and employment program were recently validated by an MIT-led Randomized Controlled Trial.

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AI TECH,AI APPLICATIONS

NICE Launches ElevateAI, The Market Leading AI as a Service (AIaaS), to Make Every CX Application Smarter

NICE | December 16, 2022

NICE today announced the launch of ElevateAI, a new AIaaS solution that brings the power of Enlighten AI, its purpose-built CX AI, to the developer community. NICE is expanding its AI and Analytics leadership beyond the software market with AI services, enabling creators access to unrivaled data to enrich every moment of every customer interaction. Now with ElevateAI, creators can quickly and easily tap into NICE’s award-winning AI with developer-friendly APIs, instant sign-up capabilities, and affordable consumption-based pricing. ElevateAI supports the booming demand for artificial intelligence to improve CX. In Forrester’s publication, “The Three Customer Service Megatrends in 2022,” the analysts report that “In response to the COVID-19 crisis, 52% of companies accelerated their AI adoption plans. In 2022, being ‘data-driven’ must become more than just a slogan.” Further, the 2022 Gartner Hype Cycle for Emerging Technologies states, “Expanding AI adoption is a critical way to evolve products, services and solutions.” In today’s ultra-competitive business environment, AI is now a must-have to turn CX into a real competitive differentiator. ElevateAI gives the industry a new way to gain customer insights across audio, transcripts, and chats to build smart CX applications. Through an easy-to-use API, organizations of all sizes can understand the voice of their customers with automated speech recognition (ASR) technology trained on billions of interactions from the world’s leading CX dataset. Pre-built CX AI models, developed with 20 years of research and proven outcomes, provide the ability to understand sentiment and behavior on a massive scale. An open and flexible architecture supports easy integration with any existing technology stack while powering limitless innovation. With ElevateAI, the creator community can use AI to define a new standard for CX development. “The data-driven, AI future is already here, with organizations heavily prioritizing their investments in this direction. As the leader in AI for customer experience, we are very pleased to announce the release of ElevateAI, enabling organizations to benefit from NICE’s leading Enlighten AI models within their own developed software.” Barry Cooper, President, CX Division, NICE. Keith Dawson, VP and Research Director, Ventana Research, said, Today artificial intelligence is a top priority for customer experience teams. ElevateAI reinforces NICE as a leader in AI for CX. This cost-effective and developer-friendly solution makes superior intelligence more accessible to the market for organizations of all sizes, helping NICE stand out in the market. About NICE With NICE, it’s never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world’s #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered self-service and agent-assisted CX software for the contact center – and beyond. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform - and elevate - every customer interaction.

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SOFTWARE, FUTURE TECH, COMPUTER VISION

Datawiza Integration with Microsoft 365 Brings MFA to Oracle Business Applications

Datawiza | September 19, 2022

Datawiza, the industry's leading cloud-native access proxy for securing applications, today announced a new integration with Microsoft 365 that allows businesses to deploy multifactor authentication (MFA) for mission-critical Oracle business applications. By creating a no-code, secure bridge between Oracle applications and Microsoft 365, the Datawiza cloud-native proxy enables Microsoft 365 customers to quickly extend the power of Microsoft's modern Identity and Access (IAM) solution, Azure Active Directory , to Peoplesoft, Oracle E-Business Suite, JD Edwards (JDE) and Siebel – in minutes. Datawiza: Modern Access Management for Hard-to-Secure Applications “Thousands of enterprises today run on business applications that don’t always support modern security protocols,” said Dr. Canming Jiang, Co-Founder & CEO of Datawiza. “Corporate boards are demanding immediate action to eliminate vulnerabilities, but replacing mission-critical applications like Peoplesoft, E-Business Suite, JDE and Siebel would take far too long and cost too much. Our cloud-native proxy helps organizations extend their investment in these solutions by enabling modern capabilities like MFA and single sign-on in less than five minutes, helping them quickly respond to new security requirements, such as the need to meet cyber insurance requirements or establish Zero Trust Application Access.” “Microsoft is passionate about helping businesses protect their identities, applications, and data. “Datawiza is a partner in our Secure Hybrid Access program. Their fast, secure solution helps our customers take advantage of the multifactor authentication capabilities built into Azure AD (now part of Microsoft Entra) to protect their portfolio of critical Oracle business solutions. This way, they can get even more value from their investment in Microsoft 365 and Microsoft Entra, our family of modern identity and access solutions.” Sue Bohn, Vice President of the Identity and Network Access Customer and Partner Experience Team at Microsoft Multifactor authentication adds an additional layer to application access, requiring users to prove their identity with more than just a username and password. When a user signs into an application, the system requires a second authentication, such as scanning a fingerprint or entering a code received by a smartphone. MFA is built into Microsoft 365, which includes Azure AD, but it relies on modern security protocols, such as SAML or OIDC, which Oracle and other legacy applications don’t support. The lightweight, cloud-delivered Datawiza platform relies on super-lightweight, cloud-native and container-based proxies located near the applications they protect. The Datawiza cloud-native proxy is deployed at the front end of the applications to create a bridge between the applications and Microsoft 365. In just a few minutes, Datawiza can be deployed and configured and begin requiring MFA, as well as single sign-on (SSO) and conditional access, to log into any application – from Oracle applications to homegrown applications to open source tools. The benefits of Datawiza include: Added security to extend the life of mission-critical investments – Datawiza works in all cloud, IAM and network infrastructures No-code, so quick to deploy – no security expertise required, no new vulnerabilities are inadvertently introduced Fine-grained access controls across homegrown, open source and legacy applications, for all environments: on-prem, cloud, multi-cloud, and hybrid Easily integrated with cutting-edge cloud-native technologies, such as containerization and Kubernetes Protection for individual applications even if the network is breached About Datawiza Datawiza, the industry's leading cloud-native access proxy for securing applications and APIs, provides consolidated and continuous risk and trust assessment. Unlike other access management products (e.g., legacy web access managers) that are complex and siloed in hybrid environments, Datawiza offers large enterprises and SMBs a comprehensive, centralized and easy-to-deploy solution that allows every company to simplify access management, save time and increase security. Datawiza was founded in 2018 by security expert Dr. Canming Jiang, a veteran of Shape Security, now part of F5, and cloud expert Cunhao (Alex) Gao, a veteran of Google and Amazon.

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SOFTWARE, FUTURE TECH

Spice AI Raises $13.5 Million Seed Funding to Enable Web3 Developers to Build Data and AI-driven Applications

Spice AI | September 08, 2022

Spice AI today announced a seed round of $13.5 million for its platform that enables developers to build data driven applications for Web3. Madrona led the round with Australia based Blackbird Ventures, Basis Set Ventures, Alumni Ventures Blockchain Fund, Joe McCann’s new Asymmetric fund, Protocol Labs, IEX Fund, and other strategic angel investors participating, including Thomas Dohmke, CEO of GitHub, who is also joining the board. “Spice AI is building a developer first platform to create AI/ML-driven applications that harness time series data – a valuable yet difficult to harness data set for any organization. There is no ecosystem out there that is more data rich than Web3 and blockchains, but that area is currently hampered by lack of data access and infrastructure. Solving the data problem in Web3 requires deep domain knowledge and Spice AI is building the infrastructure, so developers do not have to deal with the complexity of building it themselves. Now is the time to build for Web3 and we are excited to be well capitalized to grow the team and address this gap in the market,” said Luke Kim, CEO of Spice AI. Web3 and Spice AI While most blockchains are public and open, extracting data from them to power apps and ML is painfully difficult. To get meaningful quantities of useful data, developers are forced to build and operate a massively complex infrastructure which includes blockchain nodes, big data systems, ETL and ML pipelines, data lakes, data warehouses, and query systems. Going one step further, developers must deeply understand the various data sources including virtual-machine logs, and the inner workings and state of smart contracts, across a broad array of blockchains, scaling layers, and dApps. Spice.xyz, brings this together in a platform that enables developers to access web3 data across chains via SQL over high-performance Apache Arrow APIs. The platform is available in Preview today with Bitcoin, Ethereum, and Ethereum Name Service (ENS) datasets with work in progress to launch Solana and Polygon. “Madrona has invested in machine learning infrastructure and intelligent applications for almost a decade. We see a massive opportunity for Spice AI to provide a developer-first framework and intelligent data sets that unlock insights in blockchain data and enable developers to create intelligent distributed Web3 applications. As part of the financing, Porter will join the Spice AI board along with Thomas Dohmke. Tim Porter, Managing Director at Madrona Deeply Developer Focused Founders Over the last 15 years, co-founder Luke Kim has brought together the best builders and engineers across the globe to create developer focused experiences through tools and technologies used by millions worldwide. Before founding Spice AI, Luke was the founding manager and co-creator of Azure Incubations at Microsoft where he led cross-functional engineering teams to create and develop technologies like Dapr. Co-founder Phillip LeBlanc has spent a decade building some of the largest distributed systems and big data platforms used by millions worldwide. Before co-founding Spice AI, Phillip was both an engineering manager and IC working on distributed systems at GitHub and Microsoft. Phillip has contributed to services developers use every day including GitHub Actions, Azure Active Directory and Visual Studio App Center. “Spice AI is building the foundational platform for Web3, so developers do not have to invest in standing up their own infrastructure and in data engineering that is complex and costly, and frankly, hard to get right. Delivering real time insights from time-series data across chains powers intelligent applications being built for a wide range of industries – from addressing buying patterns in e-tail/retail all the way to fraud detection and securities trading. Since our pre-seed investment, the team continues to impress us with the focus and pace of innovation as they build this infrastructure for Web3,” added Aseem Datar, Partner at Madrona. Spice AI is building an office in greater Seattle with a footprint in Asia and Australia. Check out the positions here - spice.ai/careers About Spice AI Founded in June 2021 by Luke Kim and Phillip LeBlanc, Spice AI creates technology to help developers build intelligent apps that learn and adapt. The company has raised 14.5 million in funding since 2021 and is backed by leading venture and angel investors.

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AI TECH,AI APPLICATIONS

NICE Launches ElevateAI, The Market Leading AI as a Service (AIaaS), to Make Every CX Application Smarter

NICE | December 16, 2022

NICE today announced the launch of ElevateAI, a new AIaaS solution that brings the power of Enlighten AI, its purpose-built CX AI, to the developer community. NICE is expanding its AI and Analytics leadership beyond the software market with AI services, enabling creators access to unrivaled data to enrich every moment of every customer interaction. Now with ElevateAI, creators can quickly and easily tap into NICE’s award-winning AI with developer-friendly APIs, instant sign-up capabilities, and affordable consumption-based pricing. ElevateAI supports the booming demand for artificial intelligence to improve CX. In Forrester’s publication, “The Three Customer Service Megatrends in 2022,” the analysts report that “In response to the COVID-19 crisis, 52% of companies accelerated their AI adoption plans. In 2022, being ‘data-driven’ must become more than just a slogan.” Further, the 2022 Gartner Hype Cycle for Emerging Technologies states, “Expanding AI adoption is a critical way to evolve products, services and solutions.” In today’s ultra-competitive business environment, AI is now a must-have to turn CX into a real competitive differentiator. ElevateAI gives the industry a new way to gain customer insights across audio, transcripts, and chats to build smart CX applications. Through an easy-to-use API, organizations of all sizes can understand the voice of their customers with automated speech recognition (ASR) technology trained on billions of interactions from the world’s leading CX dataset. Pre-built CX AI models, developed with 20 years of research and proven outcomes, provide the ability to understand sentiment and behavior on a massive scale. An open and flexible architecture supports easy integration with any existing technology stack while powering limitless innovation. With ElevateAI, the creator community can use AI to define a new standard for CX development. “The data-driven, AI future is already here, with organizations heavily prioritizing their investments in this direction. As the leader in AI for customer experience, we are very pleased to announce the release of ElevateAI, enabling organizations to benefit from NICE’s leading Enlighten AI models within their own developed software.” Barry Cooper, President, CX Division, NICE. Keith Dawson, VP and Research Director, Ventana Research, said, Today artificial intelligence is a top priority for customer experience teams. ElevateAI reinforces NICE as a leader in AI for CX. This cost-effective and developer-friendly solution makes superior intelligence more accessible to the market for organizations of all sizes, helping NICE stand out in the market. About NICE With NICE, it’s never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world’s #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered self-service and agent-assisted CX software for the contact center – and beyond. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform - and elevate - every customer interaction.

Read More

SOFTWARE, FUTURE TECH, COMPUTER VISION

Datawiza Integration with Microsoft 365 Brings MFA to Oracle Business Applications

Datawiza | September 19, 2022

Datawiza, the industry's leading cloud-native access proxy for securing applications, today announced a new integration with Microsoft 365 that allows businesses to deploy multifactor authentication (MFA) for mission-critical Oracle business applications. By creating a no-code, secure bridge between Oracle applications and Microsoft 365, the Datawiza cloud-native proxy enables Microsoft 365 customers to quickly extend the power of Microsoft's modern Identity and Access (IAM) solution, Azure Active Directory , to Peoplesoft, Oracle E-Business Suite, JD Edwards (JDE) and Siebel – in minutes. Datawiza: Modern Access Management for Hard-to-Secure Applications “Thousands of enterprises today run on business applications that don’t always support modern security protocols,” said Dr. Canming Jiang, Co-Founder & CEO of Datawiza. “Corporate boards are demanding immediate action to eliminate vulnerabilities, but replacing mission-critical applications like Peoplesoft, E-Business Suite, JDE and Siebel would take far too long and cost too much. Our cloud-native proxy helps organizations extend their investment in these solutions by enabling modern capabilities like MFA and single sign-on in less than five minutes, helping them quickly respond to new security requirements, such as the need to meet cyber insurance requirements or establish Zero Trust Application Access.” “Microsoft is passionate about helping businesses protect their identities, applications, and data. “Datawiza is a partner in our Secure Hybrid Access program. Their fast, secure solution helps our customers take advantage of the multifactor authentication capabilities built into Azure AD (now part of Microsoft Entra) to protect their portfolio of critical Oracle business solutions. This way, they can get even more value from their investment in Microsoft 365 and Microsoft Entra, our family of modern identity and access solutions.” Sue Bohn, Vice President of the Identity and Network Access Customer and Partner Experience Team at Microsoft Multifactor authentication adds an additional layer to application access, requiring users to prove their identity with more than just a username and password. When a user signs into an application, the system requires a second authentication, such as scanning a fingerprint or entering a code received by a smartphone. MFA is built into Microsoft 365, which includes Azure AD, but it relies on modern security protocols, such as SAML or OIDC, which Oracle and other legacy applications don’t support. The lightweight, cloud-delivered Datawiza platform relies on super-lightweight, cloud-native and container-based proxies located near the applications they protect. The Datawiza cloud-native proxy is deployed at the front end of the applications to create a bridge between the applications and Microsoft 365. In just a few minutes, Datawiza can be deployed and configured and begin requiring MFA, as well as single sign-on (SSO) and conditional access, to log into any application – from Oracle applications to homegrown applications to open source tools. The benefits of Datawiza include: Added security to extend the life of mission-critical investments – Datawiza works in all cloud, IAM and network infrastructures No-code, so quick to deploy – no security expertise required, no new vulnerabilities are inadvertently introduced Fine-grained access controls across homegrown, open source and legacy applications, for all environments: on-prem, cloud, multi-cloud, and hybrid Easily integrated with cutting-edge cloud-native technologies, such as containerization and Kubernetes Protection for individual applications even if the network is breached About Datawiza Datawiza, the industry's leading cloud-native access proxy for securing applications and APIs, provides consolidated and continuous risk and trust assessment. Unlike other access management products (e.g., legacy web access managers) that are complex and siloed in hybrid environments, Datawiza offers large enterprises and SMBs a comprehensive, centralized and easy-to-deploy solution that allows every company to simplify access management, save time and increase security. Datawiza was founded in 2018 by security expert Dr. Canming Jiang, a veteran of Shape Security, now part of F5, and cloud expert Cunhao (Alex) Gao, a veteran of Google and Amazon.

Read More

SOFTWARE, FUTURE TECH

Spice AI Raises $13.5 Million Seed Funding to Enable Web3 Developers to Build Data and AI-driven Applications

Spice AI | September 08, 2022

Spice AI today announced a seed round of $13.5 million for its platform that enables developers to build data driven applications for Web3. Madrona led the round with Australia based Blackbird Ventures, Basis Set Ventures, Alumni Ventures Blockchain Fund, Joe McCann’s new Asymmetric fund, Protocol Labs, IEX Fund, and other strategic angel investors participating, including Thomas Dohmke, CEO of GitHub, who is also joining the board. “Spice AI is building a developer first platform to create AI/ML-driven applications that harness time series data – a valuable yet difficult to harness data set for any organization. There is no ecosystem out there that is more data rich than Web3 and blockchains, but that area is currently hampered by lack of data access and infrastructure. Solving the data problem in Web3 requires deep domain knowledge and Spice AI is building the infrastructure, so developers do not have to deal with the complexity of building it themselves. Now is the time to build for Web3 and we are excited to be well capitalized to grow the team and address this gap in the market,” said Luke Kim, CEO of Spice AI. Web3 and Spice AI While most blockchains are public and open, extracting data from them to power apps and ML is painfully difficult. To get meaningful quantities of useful data, developers are forced to build and operate a massively complex infrastructure which includes blockchain nodes, big data systems, ETL and ML pipelines, data lakes, data warehouses, and query systems. Going one step further, developers must deeply understand the various data sources including virtual-machine logs, and the inner workings and state of smart contracts, across a broad array of blockchains, scaling layers, and dApps. Spice.xyz, brings this together in a platform that enables developers to access web3 data across chains via SQL over high-performance Apache Arrow APIs. The platform is available in Preview today with Bitcoin, Ethereum, and Ethereum Name Service (ENS) datasets with work in progress to launch Solana and Polygon. “Madrona has invested in machine learning infrastructure and intelligent applications for almost a decade. We see a massive opportunity for Spice AI to provide a developer-first framework and intelligent data sets that unlock insights in blockchain data and enable developers to create intelligent distributed Web3 applications. As part of the financing, Porter will join the Spice AI board along with Thomas Dohmke. Tim Porter, Managing Director at Madrona Deeply Developer Focused Founders Over the last 15 years, co-founder Luke Kim has brought together the best builders and engineers across the globe to create developer focused experiences through tools and technologies used by millions worldwide. Before founding Spice AI, Luke was the founding manager and co-creator of Azure Incubations at Microsoft where he led cross-functional engineering teams to create and develop technologies like Dapr. Co-founder Phillip LeBlanc has spent a decade building some of the largest distributed systems and big data platforms used by millions worldwide. Before co-founding Spice AI, Phillip was both an engineering manager and IC working on distributed systems at GitHub and Microsoft. Phillip has contributed to services developers use every day including GitHub Actions, Azure Active Directory and Visual Studio App Center. “Spice AI is building the foundational platform for Web3, so developers do not have to invest in standing up their own infrastructure and in data engineering that is complex and costly, and frankly, hard to get right. Delivering real time insights from time-series data across chains powers intelligent applications being built for a wide range of industries – from addressing buying patterns in e-tail/retail all the way to fraud detection and securities trading. Since our pre-seed investment, the team continues to impress us with the focus and pace of innovation as they build this infrastructure for Web3,” added Aseem Datar, Partner at Madrona. Spice AI is building an office in greater Seattle with a footprint in Asia and Australia. Check out the positions here - spice.ai/careers About Spice AI Founded in June 2021 by Luke Kim and Phillip LeBlanc, Spice AI creates technology to help developers build intelligent apps that learn and adapt. The company has raised 14.5 million in funding since 2021 and is backed by leading venture and angel investors.

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